my taxable income went up $10K. But, Fed Taxes owed dropped by over $2800. All told had $29K FITW thru payroll deductions. And still had to stroke a check to Uncle for another $1300 today.... MAGA..

I don't remember the exact numbers, but with the higher deduction I definitely paid less in taxes. I used that money (approx. $2,000) to take my wife to some spring training games in FL. From the airfare, stadium, vendors, lodging, to food, many businesses benefited from my tax reduction. It's a shame that the media is spinning the tax cuts as a rich-people only benefit, when that's just a flat out lie.

What also chaps my ass is the assertion that a reduced tax return is somehow evidence that there was no tax cut for lower income earners. Again, the media is spewing lies and they know it. What they should do is explain to people that the tax cuts resulted in lower tax withholdings, thus lower tax returns. While they're at it, they should also explain that tax refunds aren't some kind of annual bonus, but rather an interest free loan that poor people give to the government every year.

I don't remember the exact numbers, but with the higher deduction I definitely paid less in taxes. I used that money (approx. $2,000) to take my wife to some spring training games in FL. From the airfare, stadium, vendors, lodging, to food, many businesses benefited from my tax reduction. It's a shame that the media is spinning the tax cuts as a rich-people only benefit, when that's just a flat out lie.

Our Federal Taxes went up a bit. We had reworked our deductions so we only ended up paying <$1000 to settle up after our paycheck withholding. My State Taxes (LA) went up a lot ... don't know why and I need to research that.

Originally Posted by FLAPS

What also chaps my ass is the assertion that a reduced tax return is somehow evidence that there was no tax cut for lower income earners. Again, the media is spewing lies and they know it. What they should do is explain to people that the tax cuts resulted in lower tax withholdings, thus lower tax returns. While they're at it, they should also explain that tax refunds aren't some kind of annual bonus, but rather an interest free loan that poor people give to the government every year.

Concur, many people I know were spouting a smaller return as evidence of higher taxes.

The most important six inches on the battlefield ... is between your ears.